# Huazhang Technology signs CNY 299M paper machine sales contract

Huazhang Technology's indirect wholly-owned subsidiary Zhejiang Huazhang Technology signed a framework contract with Anhui Xiaoxian Linping Paper for a 5600 paper machine project worth approximately CNY 299 million. The contract became effective on March 21, 2017, and is expected to be completed by June 30, 2018.

- Type: Contract
- Announced: 2017-03-21
- Where: China
- Value: $43.0M (299.0M CNY)
- Status: announced
- Products: paper machine
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Huazhang Technology](https://endata.com/companies/22976.md)
- [Zhejiang Huazhang Technology](https://endata.com/companies/22977.md) (supplier)
- [Anhui Xiaoxian Linping Paper](https://endata.com/companies/22978.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/47995.html), 2017-03-21: "浙江华章于2017年3月21日收到人民币500万元头期款后，该合同载列的条件已达成及合同正式生效。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.